Phil Loadholt has agreed to a pay cut in order to remain with the Vikings, a source confirmed to the Star Tribune. KSTP first had the news.
Phil Loadholt agrees to pay cut to remain with Vikings
Right tackle Phil Loadholt has agreed to a pay cut in order to remain with the Vikings, according to multiple reports.
The right tackle will now have a base salary of $2 million in 2016, according to KSTP, and can earn up to $3.5 million with incentives. Under his old deal, Loadholt could have made $6 million in base salary and roster and workout bonuses, and he would have carried a cap number of $7.8 million.
Loadholt's deal was not extended, so he can become a free agent in 2017.
Loadholt, 30, sat out the entire 2015 regular season with a torn left Achilles' tendon suffered in the preseason. He said last month that he was on track in his recovery and hoped to participate in OTAs in some capacity.
Loadholt ended the 2014 season on injured reserve, too, after tearing his pectoral. Loadholt, a second-round pick in 2009, had started 78 out of 80 possible games for the Vikings in his first five seasons in the NFL.
Last season, rookie T.J. Clemmings started every game at right tackle. He had an uneven season but still figures in the team's long-term plans.
The Vikings have given no indications on what they will do with left tackle Matt Kalil, whose $11.1 million salary becomes guaranteed Wednesday.
Mike Conley was in Minneapolis, where he sounded the Gjallarhorn at the Vikings game, on Sunday during the robbery.